ESL Shipping Becomes Owner of Bulker Alppila

Posted On: 10-03-2020

Finland-based dry bulk shipping company ESLShipping, part of Aspo Group, has acquired bulk carrier Alppila from SEB Leasing.As explained, the acquisition was made in accordance with the terms and conditions of the lease agreement signed in 2011.The 20,499 dwt Alppila is a self-unloading bulk carrier specially built for Baltic Sea operations.The ship is equipped for Finnish winter conditions and capable of operating even in the northernmost ports of the Baltic Sea.With a capacity of 23,361 cbm, the vessel features a length of 156 meters and a beam of 25.2 meters.

Constructed by ABG Shipyard in India in 2011, Alppila flies the flag of Finland.According to ESL Shipping, the transfer of ownership is expected to improve the company’s profitability already for the second half of 2019. ESL Shipping’s fleet currently comprises 21 vessels with a combined total deadweight tonnage of about 335,000 tons.